Altra Federal Credit Union Mortgage Lending & HMDA Data, 2015

In 2015, Altra Federal Credit Union of Onalaska, WI reported 2,588 mortgage applications totaling $359.2 million, up 43% from 2014. The average application was for $138,794, and applicants reported an average income of $88,015. 79% of its applications resulted in an originated loan and 8% were denied. Its largest markets were La Crosse-Onalaska, WI-MN (1,237), Tyler, TX (286) and Clarksville, TN-KY (135) (applications in parentheses).

Mortgage Company & Address Altra Federal Credit Union
1700 Oak Forest Drive
Onalaska, WI 54650
Tel #: available with data download
Federal Regulator * available with data download
Years 2025  2024  2023  2022  2021  2020  2019  2018  2017  2016  2015  2014  2013  2012  2011  2010  2009  2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 2,588
Total Mortgage Loan Application Amount $359,201,000
Average Mortgage Loan Application Amount $138,794
Highest Mortgage Loan Application Amount $2,300,000
Average Applicant Income $88,015
Highest Applicant Income $2,700,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Altra Federal Credit Union filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans. Applications reported at $100 million or more are left out of these totals.

Mortgage Loan Application Totals for Altra Federal Credit Union by County in 2015

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
La Crosse, Wisconsin 1,106 $ 157,720,000 $ 142,603 $ 86,000
Smith, Texas 286 $ 38,307,000 $ 133,940 $ 85,000
Montgomery, Tennessee 133 $ 17,227,000 $ 129,526 $ 80,000
Houston, Minnesota 131 $ 17,746,000 $ 135,465 $ 71,000
Winona, Minnesota 123 $ 18,211,000 $ 148,056 $ 77,000
Vernon, Wisconsin 79 $ 11,311,000 $ 143,177 $ 78,000
Monroe, Wisconsin 57 $ 7,531,000 $ 132,122 $ 68,000
Trempealeau, Wisconsin 46 $ 6,264,000 $ 136,173 $ 68,000
Olmsted, Minnesota 45 $ 7,998,000 $ 177,733 $ 93,000
Cherokee, Texas 21 $ 2,806,000 $ 133,619 $ 112,000
Dane, Wisconsin 21 $ 4,551,000 $ 216,714 $ 99,000
Fillmore, Minnesota 14 $ 2,244,000 $ 160,285 $ 89,000
Hennepin, Minnesota 13 $ 2,327,000 $ 179,000 $ 115,000
Ramsey, Minnesota 13 $ 2,342,000 $ 180,153 $ 320,000
Crawford, Wisconsin 13 $ 1,726,000 $ 132,769 $ 111,000
Pueblo, Colorado 11 $ 1,116,000 $ 101,454 $ 84,000
Broward, Florida 9 $ 3,397,000 $ 377,444 $ 130,000
Fayette, Kentucky 9 $ 921,000 $ 102,333 $ 81,000
Henderson, Texas 9 $ 1,029,000 $ 114,333 $ 83,000
Jackson, Wisconsin 9 $ 1,164,000 $ 129,333 $ 73,000
Buffalo, Wisconsin 8 $ 859,000 $ 107,375 $ 78,000
Wabasha, Minnesota 7 $ 850,000 $ 121,428 $ 91,000
Tarrant, Texas 7 $ 644,000 $ 92,000 $ 137,000
Wood, Texas 7 $ 903,000 $ 129,000 $ 62,000
Eau Claire, Wisconsin 7 $ 542,000 $ 77,428 $ 66,000
Clark, Kentucky 6 $ 210,000 $ 35,000 $ 67,000
Stewart, Tennessee 6 $ 480,000 $ 80,000 $ 72,000
Gregg, Texas 6 $ 597,000 $ 99,500 $ 104,000
Harris, Texas 6 $ 531,000 $ 88,500 $ 76,000
Sebastian, Arkansas 5 $ 139,000 $ 27,800 $ 74,000
Cheatham, Tennessee 5 $ 438,000 $ 87,600 $ 105,000
Juneau, Wisconsin 5 $ 657,000 $ 131,400 $ 59,000
Marathon, Wisconsin 5 $ 1,332,000 $ 266,400 $ 147,000
Milwaukee, Wisconsin 5 $ 721,000 $ 144,200 $ 54,000
Manatee, Florida 4 $ 597,000 $ 149,250 $ 217,000
Allamakee, Iowa 4 $ 407,000 $ 101,750 $ 51,000
Dodge, Minnesota 4 $ 685,000 $ 171,250 $ 107,000
Mercer, New Jersey 4 $ 355,000 $ 88,750 $ 48,000
Dallas, Texas 4 $ 532,000 $ 133,000 $ 76,000
Van Zandt, Texas 4 $ 346,000 $ 86,500 $ 88,000
Adams, Wisconsin 4 $ 463,000 $ 115,750 $ 70,000
Washburn, Wisconsin 4 $ 493,000 $ 123,250 $ 100,000
Waukesha, Wisconsin 4 $ 882,000 $ 220,500 $ 190,000
Charlotte, Florida 3 $ 621,000 $ 207,000 $ 145,000
Palm Beach, Florida 3 $ 446,000 $ 148,666 $ 59,000
Volusia, Florida 3 $ 300,000 $ 100,000 $ 101,000
Toombs, Georgia 3 $ 48,000 $ 16,000 $ 38,000
Jessamine, Kentucky 3 $ 107,000 $ 35,666 $ 61,000
Anoka, Minnesota 3 $ 575,000 $ 191,666 $ 102,000
Dakota, Minnesota 3 $ 724,000 $ 241,333 $ 79,000
Scott, Minnesota 3 $ 658,000 $ 219,333 $ 115,000
Davidson, Tennessee 3 $ 423,000 $ 141,000 $ 66,000
Anderson, Texas 3 $ 484,000 $ 161,333 $ 155,000
Harrison, Texas 3 $ 684,000 $ 228,000 $ 130,000
Upshur, Texas 3 $ 334,000 $ 111,333 $ 71,000
Grant, Wisconsin 3 $ 188,000 $ 62,666 $ 88,000
Outagamie, Wisconsin 3 $ 506,000 $ 168,666 $ 74,000
Pierce, Wisconsin 3 $ 1,620,000 $ 540,000 $ 258,000
Racine, Wisconsin 3 $ 443,000 $ 147,666 $ 60,000
Rock, Wisconsin 3 $ 359,000 $ 119,666 $ 38,000
Sawyer, Wisconsin 3 $ 471,000 $ 157,000 $ 321,000
Pulaski, Arkansas 2 $ 135,000 $ 67,500 $ 255,000
Douglas, Colorado 2 $ 507,000 $ 253,500 $ 118,000
Bay, Florida 2 $ 686,000 $ 343,000 $ 115,000
Sarasota, Florida 2 $ 258,000 $ 129,000 $ 73,000
Bourbon, Kentucky 2 $ 130,000 $ 65,000 $ 51,000
Christian, Kentucky 2 $ 88,000 $ 44,000 $ 112,000
Estill, Kentucky 2 $ 38,000 $ 19,000 $ 68,000
Madison, Kentucky 2 $ 354,000 $ 177,000 $ 90,000
Mercer, Kentucky 2 $ 274,000 $ 137,000 $ 64,000
Nicholas, Kentucky 2 $ 85,000 $ 42,500 $ 68,000
Perry, Kentucky 2 $ 118,000 $ 59,000 $ 38,000
Rowan, Kentucky 2 $ 286,000 $ 143,000 $ 43,000
Webster, Louisiana 2 $ 90,000 $ 45,000 $ 82,000
Freeborn, Minnesota 2 $ 83,000 $ 41,500 $ 123,000
Goodhue, Minnesota 2 $ 291,000 $ 145,500 $ 85,000
Rice, Minnesota 2 $ 450,000 $ 225,000 $ 74,000
St. Louis, Minnesota 2 $ 589,000 $ 294,500 $ 92,000
Washington, Minnesota 2 $ 210,000 $ 105,000 $ 92,000
Bucks, Pennsylvania 2 $ 8,000 $ 4,000 $ 91,000
Hardeman, Tennessee 2 $ 248,000 $ 124,000 $ 50,000
Humphreys, Tennessee 2 $ 303,000 $ 151,500 $ 63,000
Williamson, Tennessee 2 $ 406,000 $ 203,000 $ 200,000
Bexar, Texas 2 $ 489,000 $ 244,500 $ 88,000
Collin, Texas 2 $ 103,000 $ 51,500 $ 124,000
Cooke, Texas 2 $ 184,000 $ 92,000 $ 117,000
Denton, Texas 2 $ 357,000 $ 178,500 $ 116,000
Lubbock, Texas 2 $ 181,000 $ 90,500 $ 40,000
Rockwall, Texas 2 $ 518,000 $ 259,000 $ 139,000
Barron, Wisconsin 2 $ 568,000 $ 284,000 $ 243,000
Chippewa, Wisconsin 2 $ 186,000 $ 93,000 $ 73,000
Oneida, Wisconsin 2 $ 341,000 $ 170,500 $ 88,000
Portage, Wisconsin 2 $ 167,000 $ 83,500 $ 75,000
Rusk, Wisconsin 2 $ 369,000 $ 184,500 $ 108,000
Sauk, Wisconsin 2 $ 385,000 $ 192,500 $ 186,000
St. Croix, Wisconsin 2 $ 272,000 $ 136,000 $ 121,000
Vilas, Wisconsin 2 $ 701,000 $ 350,500 $ 386,000
Washington, Wisconsin 2 $ 483,000 $ 241,500 $ 142,000
Mobile, Alabama 1 $ 4,000 $ 4,000 $ 115,000
Pima, Arizona 1 $ 140,000 $ 140,000 $ 105,000
Yavapai, Arizona 1 $ 73,000 $ 73,000 $ 43,000
Benton, Arkansas 1 $ 92,000 $ 92,000 $ 159,000
Faulkner, Arkansas 1 $ 255,000 $ 255,000 $ 187,000
Logan, Arkansas 1 $ 176,000 $ 176,000 $ 117,000
Riverside, California 1 $ 36,000 $ 36,000 $ 122,000
Adams, Colorado 1 $ 60,000 $ 60,000 $ 124,000
Arapahoe, Colorado 1 $ 280,000 $ 280,000 $ 84,000
Boulder, Colorado 1 $ 165,000 $ 165,000 $ 35,000
Broomfield, Colorado 1 $ 50,000 $ 50,000 $ 196,000
Denver, Colorado 1 $ 173,000 $ 173,000 $ 67,000
Larimer, Colorado 1 $ 10,000 $ 10,000 $ 99,000
Mesa, Colorado 1 $ 260,000 $ 260,000 $ 101,000
Franklin, Florida 1 $ 417,000 $ 417,000 $ 218,000
Hillsborough, Florida 1 $ 240,000 $ 240,000 $ 85,000
Pasco, Florida 1 $ 195,000 $ 195,000 $ 112,000
Pinellas, Florida 1 $ 101,000 $ 101,000 $ 73,000
St. Lucie, Florida 1 $ 75,000 $ 75,000 $ 45,000
Sumter, Florida 1 $ 276,000 $ 276,000 $ 135,000
Clarke, Georgia 1 $ 101,000 $ 101,000 $ 95,000
Cobb, Georgia 1 $ 409,000 $ 409,000 $ 221,000
Emanuel, Georgia 1 $ 4,000 $ 4,000 $ 32,000
Fayette, Georgia 1 $ 446,000 $ 446,000 $ 449,000
Forsyth, Georgia 1 $ 183,000 $ 183,000 $ 334,000
Montgomery, Georgia 1 $ 2,000 $ 2,000 $ 34,000
Telfair, Georgia 1 $ 3,000 $ 3,000 $ 29,000
Treutlen, Georgia 1 $ 2,000 $ 2,000 $ 28,000
Cook, Illinois 1 $ 75,000 $ 75,000 $ 129,000
Benton, Indiana 1 $ 77,000 $ 77,000 $ 140,000
Shelby, Indiana 1 $ 30,000 $ 30,000 $ 29,000
Black Hawk, Iowa 1 $ 58,000 $ 58,000 $ 23,000
Dallas, Iowa 1 $ 155,000 $ 155,000 $ 76,000
Dubuque, Iowa 1 $ 63,000 $ 63,000 $ 125,000
Guthrie, Iowa 1 $ 131,000 $ 131,000 $ 73,000
Jasper, Iowa 1 $ 76,000 $ 76,000 $ 325,000
Johnson, Iowa 1 $ 63,000 $ 63,000 $ 67,000
Polk, Iowa 1 $ 264,000 $ 264,000 $ 113,000
Washington, Iowa 1 $ 78,000 $ 78,000 $ 63,000
Ballard, Kentucky 1 $ 116,000 $ 116,000 $ 88,000
Daviess, Kentucky 1 $ 65,000 $ 65,000 $ 265,000
Franklin, Kentucky 1 $ 80,000 $ 80,000 $ 84,000
Garrard, Kentucky 1 $ 2,000 $ 2,000 $ 47,000
Harrison, Kentucky 1 $ 57,000 $ 57,000 $ 75,000
Jefferson, Kentucky 1 $ 21,000 $ 21,000 $ 64,000
Logan, Kentucky 1 $ 129,000 $ 129,000 $ 82,000
Meade, Kentucky 1 $ 108,000 $ 108,000 $ 67,000
Montgomery, Kentucky 1 $ 4,000 $ 4,000 $ 70,000
Scott, Kentucky 1 $ 159,000 $ 159,000 $ 97,000
Todd, Kentucky 1 $ 25,000 $ 25,000 $ 44,000
Ottawa, Michigan 1 $ 12,000 $ 12,000 $ 134,000
Wayne, Michigan 1 $ 45,000 $ 45,000 $ 131,000
Beltrami, Minnesota 1 $ 193,000 $ 193,000 $ 59,000
Clay, Minnesota 1 $ 238,000 $ 238,000 $ 94,000
Nobles, Minnesota 1 $ 5,000 $ 5,000 $ 30,000
Stearns, Minnesota 1 $ 8,000 $ 8,000 $ 69,000
Henry, Missouri 1 $ 212,000 $ 212,000 $ 57,000
St. Louis, Missouri 1 $ 2,000 $ 2,000 $ 52,000
Queens, New York 1 $ 15,000 $ 15,000 $ 48,000
Buncombe, North Carolina 1 $ 15,000 $ 15,000 $ 51,000
Guilford, North Carolina 1 $ 2,000 $ 2,000 $ 67,000
Seneca, Ohio 1 $ 100,000 $ 100,000 $ 55,000
Custer, Oklahoma 1 $ 240,000 $ 240,000 $ 133,000
Le Flore, Oklahoma 1 $ 3,000 $ 3,000 $ 75,000
Sumter, South Carolina 1 $ 2,000 $ 2,000 $ 36,000
Coffee, Tennessee 1 $ 413,000 $ 413,000 $ 220,000
Grundy, Tennessee 1 $ 56,000 $ 56,000 $ 123,000
Jefferson, Tennessee 1 $ 138,000 $ 138,000 $ 273,000
Robertson, Tennessee 1 $ 1,000 $ 1,000 $ 55,000
Fort Bend, Texas 1 $ 80,000 $ 80,000 $ 58,000
Hamilton, Texas 1 $ 135,000 $ 135,000 $ 83,000
Hays, Texas 1 $ 309,000 $ 309,000 $ 105,000
Kaufman, Texas 1 $ 183,000 $ 183,000 $ 98,000
McLennan, Texas 1 $ 236,000 $ 236,000 $ 46,000
Montgomery, Texas 1 $ 263,000 $ 263,000 $ 114,000
Parker, Texas 1 $ 240,000 $ 240,000 $ 96,000
Randall, Texas 1 $ 150,000 $ 150,000 $ 95,000
Rusk, Texas 1 $ 383,000 $ 383,000 $ 239,000
Washington, Texas 1 $ 16,000 $ 16,000 $ 85,000
Windsor, Vermont 1 $ 64,000 $ 64,000 $ 107,000
Roanoke, Virginia 1 $ 179,000 $ 179,000 $ 249,000
King, Washington 1 $ 608,000 $ 608,000 $ 894,000
Brown, Wisconsin 1 $ 182,000 $ 182,000 $ 200,000
Burnett, Wisconsin 1 $ 129,000 $ 129,000 $ 111,000
Columbia, Wisconsin 1 $ 109,000 $ 109,000 $ 93,000
Kenosha, Wisconsin 1 $ 184,000 $ 184,000 $ 67,000
Richland, Wisconsin 1 $ 98,000 $ 98,000 $ 85,000
Wood, Wisconsin 1 $ 50,000 $ 50,000 $ 43,000

Mortgage Loan Application Detail Totals for Altra Federal Credit Union in 2015

Loan Purpose

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Home Purchase 1,046 $166,593,000 $159,000 $1,975,000 $87,000 $2,700,000
Refinancing 876 $118,480,000 $135,000 $2,300,000 $90,000 $894,000
Home Improvement 666 $74,128,000 $111,000 $1,025,000 $87,000 $629,000

Applicant Race

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
White 2,325 $326,418,000 $140,000 $2,300,000 $88,000 $2,700,000
Black or African American 77 $6,053,000 $78,000 $745,000 $76,000 $379,000
Not Provided 62 $10,670,000 $172,000 $1,140,000 $88,000 $388,000
Hispanic 61 $7,202,000 $118,000 $484,000 $79,000 $329,000
Asian 46 $6,412,000 $139,000 $540,000 $100,000 $510,000
Not applicable 8 $1,010,000 $126,000 $180,000 $66,000 $302,000
American Indian or Alaskan Native 7 $1,119,000 $159,000 $286,000 $85,000 $140,000
Native Hawaiian or Other Pacific Islander 2 $317,000 $158,000 $180,000 $165,000 $212,000

Loan Type

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Conventional (any loan other than FHA, VA, FSA, or RHS loans) 2,496 $345,060,000 $138,000 $2,300,000 $89,000 $2,700,000
VA-guaranteed (Veterans Administration) 51 $8,643,000 $169,000 $281,000 $66,000 $178,000
FHA-insured (Federal Housing Administration) 41 $5,498,000 $134,000 $266,000 $58,000 $131,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 0 $0 $0 $0 $0 $0

Outcome

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Loan Originated 2,038 $287,995,000 $141,000 $2,300,000 $90,000 $2,700,000
Application Withdrawn By Applicant 313 $46,105,000 $147,000 $765,000 $91,000 $420,000
Application Denied By Financial Institution 217 $22,758,000 $104,000 $594,000 $59,000 $334,000
Application Approved But Not Accepted 11 $783,000 $71,000 $150,000 $82,000 $144,000
File Closed For Incompleteness 9 $1,560,000 $173,000 $300,000 $94,000 $336,000
Loan Purchased By The Institution 0 $0 $0 $0 $0 $0
Preapproval Approved but not Accepted 0 $0 $0 $0 $0 $0
Preapproval Denied by Financial Institution 0 $0 $0 $0 $0 $0

Denial Reason

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Debt-To-Income Ratio 91 $11,778,000 $129,000 $594,000 $51,000 $163,000
Credit History 81 $7,137,000 $88,000 $412,000 $58,000 $134,000
Collateral 21 $2,195,000 $104,000 $212,000 $84,000 $252,000
Other 9 $560,000 $62,000 $183,000 $100,000 $334,000
Insufficient Cash (Downpayment, Closing Cost) 5 $359,000 $71,000 $124,000 $50,000 $98,000
Employment History 2 $249,000 $124,000 $132,000 $31,000 $42,000
Unverifiable Information 1 $79,000 $79,000 $79,000 $55,000 $55,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Credit Application Incomplete 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Altra Federal Credit Union's 2015 lending activity. By analyzing detailed data on mortgage applications, total loan amounts, applicant incomes, loan purposes, and approval rates, industry professionals, researchers, and analysts can gain a clear understanding of this lender's role in the mortgage market.

This in-depth HMDA data allows real estate experts, financial analysts, and policymakers to track lending trends, evaluate borrower demographics, and assess Altra Federal Credit Union's mortgage approval patterns. Utilize this powerful dataset to analyze market performance, compare lending practices, and make data-driven decisions in the ever-changing mortgage industry.
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